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At a time when home loan interest rates are over 9% and likely to remain high till the inflation outlook improves, existing borrowers need to look at various options to prepay the loan periodically and reduce the interest burden without sacrificing their existing investments for achieving crucial financial goals. The Reserve Bank of India in its bi-monthly monetary policy meet has kept the repo rate unchanged at 6.5% for the fourth consecutive time.

The Congress Working Committee (CWC), the top decision-making body of the Congress party, convened a meeting on Monday in Delhi, coinciding with the announcement of the 2023 Assembly elections scheduled by the Election Commission of India on the same day.

By Marcela Ayres and Bernardo Caram

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The chief executive of the $24 billion oil and gas group Santos says the world will always need fossil fuels in some form, and there will be a large role for gas beyond 2050.

Bill Wavish has outlined his “fix-it” plan to shareholders for getting Endeavour Group back on track and recovering some of the $5.6 billion of market value lost by the pubs and liquor business over the past year to “pet projects” and diminished confidence in its strategy.

A post shared by ICC (@icc) Originally, he aimed to strike a boundary followed by a maximum to achieve his personal milestone of a century. Fate had other plans as he struck the ball exquisitely, sealing the win with a magnificent six. Reflecting on that final shot, during the post-match ceremony, he playfully lamented hitting the ball "too well".

Congress Working Committee's (CWC) crucial meeting began here on Monday and will see the party top brass hold discussions on its strategy for the upcoming assembly elections and a nationwide caste census. The meeting comes on a day when the Election Commission will announce the dates for the assembly elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram.

The Reserve Bank has ordered ASX to “redouble its efforts” to improve its corporate governance and risk management culture after the company botched the upgrade of the equity market’s post-trading systems last year.

PTI, "Samajwadi Party is going to strongly contest the elections in these five states (MP, Rajasthan, Chhattisgarh, Telangana and Mizoram) with the INDIA alliance's approach of removing the BJP from power. I believe that Samajwadi Party will contest in over a dozen seats in Madhya Pradesh."Congress also managed to win 68 seats out of 90 in Chhattisgarh. The party garnered a vote share of 43.9 per cent.

mutual funds such as gilt schemes which bet on long-term government securities. Fund managers believe the Reserve Bank of India's move to leave the repo rate unchanged at 6.5% with a focus of bringing inflation down presents an opportunity to long-term fixed-income investors. Investments in such funds with a two- to three-year view would help earn about 200 basis points above inflation, they believe. «The 10-year benchmark yield above 7% presents a good opportunity for long-term fixed-income investors to stagger their investments into long-tenure funds over the next four-six months» said Sandeep Bagla, chief executive at Trust Capital. Such a strategy would help investors beat inflation and also earn a capital appreciation when interest rates fall, according to him. Fund managers believe the near-term rates are likely to be volatile and could move a bit higher given the RBI indication of open market operations to manage liquidity. This move has already pushed up the 10-year benchmark by 13 basis points to 7.38%. In the last quarter, the 10-year benchmark bond yield had risen just 20 bps. A note by Franklin Templeton Mutual Fund says with the likelihood of core inflation staying sticky and likely moderation in growth, the easing rate cycle could only start in the fourth-quarter of calendar 2024, in the form of shallow cuts.

offshore funds in financial centres like Singapore. In the past one month around four ultra-high net worth individuals were allowed to remit money to foreign funds whose managers are regulated but not the fund themselves, sources told ET. The development is being closely tracked by private wealth managers and financial experts catering to rich clients who typically park a slice of their wealth in overseas securities, art, properties and funds betting on startups and other investment themes across markets. Such a diversified investment strategy ran into a hurdle a year ago when the Reserve Bank of India (RBI) laid down new dos and don'ts of overseas investments.

Israel and Hamas erupted over the weekend which is likely to weigh on the market sentiment. The domestic benchmark indices ended over half a percent higher on Friday after the Reserve Bank of India (RBI) maintained status quo on policy rates and stance. The Nifty 50 closed at 19,653.50, up 108 points, while Sensex closed 364 points higher at 65,995.63.

If the stocks you buy decline, you not only suffer a capital loss, but also end up paying interest on the margin. The dreaded margin call from the broker will force you to exit at a loss. ET Wealth has consistently warned investors that borrowing to invest is not a prudent strategy.

Nijjar, in Canada, an independent blogger, Jennifer Zeng, has said that China's «purpose was to frame India creating discord between India and the West». She also alleged that it was a part of the CCP's sinister «Ignition Plan» to disrupt the world in line with Xi Jinping's military strategy regarding Taiwan. Jennifer Zeng is a Chinese born rights activist, journalist who is currently living in the US. In a video posted on the social media platform, X, Zeng dubbed the killing of Nijjar as an assassination claiming, «Today shocking revelations about the 'assassination ' of Sikh religious leader, Hardeep Singh Nijjar, in Canada have emerged from within the CCP.

Mutual Trust, the Myer and Baillieu family office which is now open to outside investment, says it is looking for opportunities in commercial real estate after values fell over the last year, illustrating how some wealthy families are taking a longer-term view of the asset.

caste census and poll strategies are set to dominate the Congress Working Committee (CWC) meeting here on Monday, with Assembly elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram set to be announced soon. Congress president Mallikarjun Kharge, former party chiefs Sonia Gandhi and Rahul Gandhi, the chief ministers of all the Congress-ruled states and the top party brass will deliberate on election preparedness and narratives across the poll-bound states at length, besides holding extensive discussions on the party's firm pitch for a nationwide caste census and its implications.

₹29,287 crore during April-September, hitting a peak of ₹198,730 crore on 21 September. Subsequently, RBI’s liquidity operations show that banks have borrowed an average of over ₹125,000 crore every day under MSF for the seven days between 25 September and 1 October.

Hamas’s massive attack on Israel is that it was a surprise. The operation was of unprecedented scale, involving thousands of personnel and pieces of equipment, from hang gliders to bulldozers and rockets. Such an effort demands weeks if not months of preparation, and all of it took place under the nose of an Israeli intelligence service that has a deserved reputation as one of the most effective in the world. How that happened is cause for deep embarrassment in Israel’s security community and will prompt a painful internal investigation.

Air Chief Marshal VR Chaudhari on Sunday called on his force to refine its strategy, enhance all-round capabilities and develop a flexible mindset to «prosecute» possible future wars, considering the current «complex» and «dynamic» strategic environment. In an address to air warriors on the occasion of the Air Force Day, the Chief of Air Staff said the current geopolitical landscape has provided the force an opportunity to reduce dependency on imports by developing indigenous capability.

The cryptocurrency community is abuzz with speculation and anticipation as Bitcoin hovers tantalizingly close to the significant $28,500 mark. Will Bitcoin surge past this barrier to achieve new heights, or is there a retreat on the horizon?